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The Union Lofts

Preston, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: COMPLETED

  • Invest From Only £132,500
  • Estimated Net Yields Of 5%
  • Completed Development
  • Investor Friendly Payment Plan
Purchase Process

Investment Highlights

  • Prices starting from £132,500 
  • All yields above 5% (NET)
  • Luxury finish and superb quality with New York Loft Style features 
  • Incredible location in the City Centre 
  • 6 Underground parking spaces available at £10k each 
  • Modern and eco friendly features 
  • Mortgages available with 6 owner occupiers in place – property also on Help to Buy 

Investment Breakdown

  • Leasehold: 999 years
  • Ground Rent: £1 per year
  • Service Charge: £949.32 per year 
  • Estimated Completion: Completed

Market Key Facts

  • House prices in Preston have increased by 19.56% in the last five years.
  • Preston has easy access to the M6, M61, M65 and the M55, all key Northern motorways.
  • The University of Central Lancashire is based in Preston and supports 40,000 staff and students.
  • Preston is only 40 minutes from Manchester and 50 minutes from Liverpool by direct train.

The Union Lofts - Overview

Pure Investor are delighted to present The Union Lofts, a luxury buy to let residential development ideally located in Preston.

The Union Lofts is a historic late Victorian warehouse refurbished and converted into 18 stunning apartments. This is a unique opportunity to purchase a genuine loft apartment in the heart of Preston, located between Fishergate and Winckley Square.

Each of the luxury apartments has been generously designed with lots of living space ideal for a variety of tenants. To enhance a feeling of spaciousness, each loft is either on two floors or has up to 4 metres floor to ceiling heights in the living rooms or benefits from both.

Most of the spacious, duplex homes also come with a generous sized, west-facing balcony with secure basement parking also available.

A combination of generous open space and high ceilings creates the ideal New York style loft and hits the right balance by adding uncompromising modernity to the charm and character of the traditional Victorian warehouse.

Payment Plan

  • Reserve your unit and pay a £3,000 reservation fee
  • Instruct solicitors
  • Balance due on completion, less reservation fee paid

The Union Lofts - Key Points

Location

Location

Preston, United Kingdom

Price

Price

N/A

Completion

Completion

Completed

Rental Yield

Rental Yield

Up To 5%

Video - The Union Lofts

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

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Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

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The Union Lofts - Location

The Union Lofts are just a couple of  minutes walk to Fishergate, Preston’s main retail street, recently transformed into a multi-million pound makeover and Winckley Square, which too has recently been restored. Winckley is the area that links the city centre with Avenham and Miller Parks, and the River Ribble.

It’s made up of a large elegant Georgian square (unusual if not unique in the North of England) and a network of ‘lanes’ one of which is Guildhall Street. The neighbourhood has all the things you’d expect to find in a city centre location and some of the things you wouldn’t. Like Cardinal Newman College, the top performing sixth form college in the UK.

Nearby Amenities

  • Fishergate – 1 minute walk
  • Winckley Square – 2 minute walk
  • Preston Railway Station – 4 minute walk
  • Preston Markets – 5 minute walk
  • Harris Museum & Art Gallery – 6 minutes walk
  • University of Central Lancashire – 10 minutes walk

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Preston

Preston is a city which inspires people to invest in its future. A great location, strong businesses, a higher education sector going from strength to strength and a growing reputation for radical economic excellence has resulted in an impressive programme of investment which is changing the city.

  • House prices in Preston have increased by 19.56% in the last five years.
  • Preston has easy access to the M6, M61, M65 and the M55, all key Northern motorways.
  • The University of Central Lancashire is based in Preston and supports 40,000 staff and students.
  • Preston is only 40 minutes from Manchester and 50 minutes from Liverpool by direct train.
  • The Preston and Lancashire City Deal is worth £434m and is transforming the city’s infrastructure.

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 826 4606.

We look forward to hearing from you!

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